Blockchain Infrastructure

How are Solana (SOL) gains taxed in India?

In India, gains from selling Solana (SOL) are treated as gains from a virtual digital asset and taxed at a flat 30 percent, plus applicable surcharge and cess, regardless of how long you held it. A 1 percent tax deducted at source (TDS) generally applies on transfers above the prescribed threshold, and losses from one virtual digital asset cannot be set off against gains from another. For example, a 50,000 rupee gain on SOL would attract 15,000 rupees in tax before surcharge and cess. Rules can change, so confirm current provisions with a qualified tax adviser.

Crypto investments are subject to market risk and volatility. Past performance is not indicative of future returns. This is general information, not investment advice — consider your own circumstances or consult a qualified adviser before investing.